“Time Preference”- 21st Edition
1) # Full nodes (reachable) - 17,004 (+0.24%)
2) # LN nodes - 13,864 (-1.13%)
3) LN capacity (BTC) - 5,395 (+0.79%)
4) BTC addresses > 1M sats - 12.46M (+0.69%)
5) BTC addresses > 10M sats - 4.52M (+0.34%)
6) BTC addresses > 100M sats - 1.02M (+0.09%)
7) Hashrate (EH/s) - 496 (+8.30%)
8) Price - $37,426 (+0.92%) (Sunday close)
9 Price/Hashrate - 75 (-6.81%)
10) Michigan businesses accepting BTC (btcmap.org) - 22 (n/c)
* % change figures from prev.
Hash rate rips higher, almost over 500 EH/s now! It’s really crazy when you think about what hash rate has done the last 2 years. Price did closed the week higher but we’re seeing a nice little correction to start the week, let’s all how this week plays out. I’m not certain the trend is done yet before a nicer correction but it’s so hard to gage how this whole ETF bull shit will play out.
The big news this week as we all know is a Libertarian president was elected in South America’s second largest country. Still letting that sink in myself. Doesn’t mean a ton in the near term but these are the types of things that have massive implications on BTC adoption over a long enough time period at a global scale. Watching him bash a central bank piñata was amazing.
Have a great short week here in America and enjoy time with family and friends!
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️